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    Bound Brook, NJ
    Retail

    Bound Brook, NJ Retail Space for Sale

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    Middlesex, NJ South Bound Brook, NJ Franklin Twp, NJ Bridgewater, NJ Dunellen, NJ Martinsville, NJ Manville, NJ Warren, NJ
    Retail Property in Bound Brook
    Updated: Feb 7, 2024
    Retail Property in Bound Brook

    241 Union, Bound Brook, NJ 08805

    $995,000
    3,000 sqft 0.46 AC lot
    3,
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    241 Union, Bound Brook, NJ 08805

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    • Est. Cap Rate

      4.3%
      NOI ÷ price

    • Est. NOI

      $43K
      Annual

    • Mortgage

      $218K
      Apr 2019

    • Last Sold

      Apr 2019
      $218K

    • Property Type

      Commercial (General)
      Built 1960
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    B-1 Shopping Center
    Updated: Jul 30
    B-1 Shopping Center

    509-513 W UNION AVE, Bound Brook, NJ 08805

    Contact for pricing
    54,179 sqft
    54,179 property size
    B‑1 zoning
    Constructed in 1960
    509‑513 W Union Ave, Bound Brook, NJ 08805
    Located in Somerset County, New Jersey
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    Mixed-Use Downtown Income Building
    Mixed-Use Downtown Income Building

    117 E Main St, Bound Brook, NJ 08805

    Contact for pricing

    Well-maintained mixed-use building with two commercial spaces and eight residential units near the train station.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Bound Brook, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building in Downtown Manville
    Mixed-Use Building in Downtown Manville

    23 S Main St, Manville, NJ 08835

    $895,000
    5,000 sqft 0.15 AC lot

    Mixed-use retail and office building with redevelopment potential.

    View details
    Mixed-Use Building in Downtown Manville
    Mixed-Use Building in Downtown Manville

    23-25 South Main Street, Manville, NJ 08835

    $895,000
    5,000 sqft

    Mixed-use retail and office building with redevelopment potential in downtown.

    View details
    Single-Tenant Retail NNN Lease
    Single-Tenant Retail NNN Lease

    Dunellen, NJ 08812

    Contact for pricing

    Ashley HomeStore is offered as a single-tenant net lease property along US Highway 22 in Green Brook.

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    Rug and Carpet Retail Showroom
    Rug and Carpet Retail Showroom

    Dunellen, NJ 08812

    Contact for pricing

    Rug and carpet retail showroom for sale with inventory included and plenty of parking on site.

    View details

    Bound Brook, NJ Retail Space Market Trends and Statistics

    Explore 3 retail space for sale in Bound Brook, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 57,179 square feet of properties for sale, with an estimated market value of $995,000.

    Sale prices for retail space in Bound Brook, NJ average $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 13
    Shopping centers 2
    Showrooms 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +18.2%
    Median Household Income $84,201
    College Educated 45.2%

    High-Yield Neighborhoods for Investment

    Identify Bound Brook submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    08805 $995K

    Taxes & Financing

    Tax Rate (average for all types) 2.24%
    Property Tax per SF $5.31 per SF
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Somerset County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Bound Brook fall within the 10,000 to 25,000 square foot range.

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